News

Under the final iteration, the so-called Trump accounts are custodial individual retirement accounts for kids, with special ...
New custodial IRAs seeded with $1,000 aim to jumpstart children’s savings—but the rules are complex and not all parents will ...
Want to make your kids millionaires by the time they retire? A Roth IRA might be all that they need. At least, that's the ...
President Donald Trump signed his new tax law on July 4, which included a provision that creates and funds investment accounts for babies born in the next few years. The accounts will be allowed to co ...
As a new mom, planning for my daughter’s future is top of mind. Before opening a savings or brokerage account, I asked ...
The Trump Accounts Contribution Pilot Program starts eligible kids off with a one-time $1,000 credit. The money comes from ...
Contribution limits: Custodial Roth IRA contributions are limited to $7,000 in 2025, or the total amount of earned income a child has during the year, whichever is less.
New Trump Accounts In addition to these changes to 529s, the bill simultaneously established Trump Child Accounts. These are a new type of tax-deferred savings plan to which parents and grandparents ...
The payments, part of the new domestic policy law, are for U.S. citizens born this year through 2028. The idea is that the ...
Being child free can offer more flexibility in retirement planning, but it also means rethinking everything from healthcare to estate documents.
Republican control of government is likely to keep tax cuts in place, which make Roth IRA conversions more attractive.